Albo’s stern message to Coles, Woolies
The big supermarket chains have been put on notice as the government sharpens its focus on the cost-of-living crisis.
Markets
ASX ends flat as Red Sea conflict escalates
The local sharemarket has finished Friday and the week flat, as global investors turned cautious as tensions in the Middle East heightened.
ASX edges lower despite oil surge
An acceleration of inflation in the United States and an escalation of tensions in the Red Sea pushed the benchmark lower on Friday.
ASX rises as banks, tech rally
Interest rate sensitive stocks buoyed the benchmark on Thursday as softer-than-expected inflation data helped offset losses in the mining sector.
More Stories
ASX 200 closes up just 0.26%
The S&P/ASX 200 index closed at 7381.1 points with miners and banks leading the way, although economic data from China and New Zealand stoked inflation fears and sent bond yields up.
‘Too good’: Big scam Aussies are falling for
Bitcoin is surging once again, and thousands of Aussies are investing, hoping to make a fortune – but this one factor has seen losses of more than $328 million.
ASX closes up 0.7%; Macquarie up nearly 4%
Stocks are well into positive territory with the tech sector leading gains. Macquarie jumps nearly 4%. Travel stocks firm.
ASX200 ends +0.5%; S32 jumps
The ASX200 rose 0.5% as US index futures gains added to positive leads from Wall Street. The IT and Materials sectors led gains with Afterpay up 4.5% and South32 up 4.9%.
ASX slips on banks, miners
ASX stocks slip 0.1 per cent as weak iron ore futures weigh on the major miners and Bank of Queensland leads banks lower
ASX down 0.3% as Westpac leads bank losses
Local stocks closed 0.3 per cent lower as losses among banks after Westpac’s $1.3bn writedown offset strong mining gains on the back of rising commodity prices.
World’s richest man mocks rival
Tesla CEO Elon Musk, newly minted as the world’s richest man, has sent a mocking message to his rival, Amazon founder Jeff Bezos.
ASX closes down 0.3% as Star tumbles
Australia’s share market mostly recovered from a sharp intraday fall to close down 0.3% with Star Entertainment the day’s big faller after a damning media report.
Unexpected crypto price surge
The price of “meme” crypto Shiba Inu has surged, with some crediting Tesla CEO Elon Musk for the unexpected rise.
ASX closes up 0.9% led by commodities
Local stocks have surged nearly one per cent, led by BHP’s solid gains and buoyed by strong commodity prices and US futures.
Original URL: https://www.heraldsun.com.au/business/markets/page/197